Trucking companies have to stay extremely organized to keep their drivers busy and ensure everything gets delivered on time. Following the right billing procedures is vital in order to get paid on time. When you follow these best invoicing practices below, you can improve your cash…
4 Reasons Why Companies Choose to Sell Invoices
It’s not difficult to send an invoice and collect a payment, which is why most companies start out doing that in-house. However, collecting on your receivables is a process that can be easily outsourced. With invoice factoring, you can get paid faster without having to deal…
Is Accounts Receivable Factoring Right for You?
Nowadays, many businesses face cash flow problems due to customers not paying invoices on time or too late, creating delays in everyday financial operations. This, in turn, can stall a business’s steady growth over time, even more so if the business needs to expand quickly. The…
How a Fuel Card Can Help Your Trucking Business
If you’re looking at freight factoring, you may want to consider a fuel card. Fuel cards not only can make shipping by truck cheaper, they also give your drivers greater flexibility while on the road. Each can help you save on your bottom line and enhance…
The Difference between Recourse and Non-Recourse Factoring
Cash flow issues affect nearly every small business. To address them, there are numerous small business tools that allow for the influx of capital to cover the cash crunch, but don’t saddle the business with debt. One such tool is factoring. Within factoring, there are Recourse…
What Is Selective Factoring and When Is It Useful for Your Business?
Occasionally, even the best-run business has a cash flow problem, particularly if it’s just getting off the ground. When that happens, if that company has a large volume of invoices, they have the option of using factoring and selective factoring to get access to “quick cash”…
How to Qualify for a Working Capital Loan
A working capital loan can be a great way to receive a quick influx of capital for your business. Although there are a lot of loan options for small businesses, many of them require long-term payments, and the requirements are sometimes fairly demanding. For many companies,…
How to Get Funds for Your Startup
New business ideas are exciting. It’s invigorating waking up every day, inspired by what you believe to be a product that will change the way consumers think. But, unless you have start-up funds, your vision will yours and yours alone. There are many ways to find…
Types of Export Financing
Transitioning your company into exports can be an exciting prospect, but putting together the financing that you need is a roadblock that many businesses face. Whether you’re already established as an exporting business or you’re looking to get started, there are ways to solve you financing…
Tips to Consider When Choosing a Company Name
One of the most crucial decisions you make when starting your business is its name because it has an immense influence on how consumers and investors view your business. In the modern business environment, name recognition is essential. To ensure favorable recognition, consider a few factors…